Indemnity for damage for mental anguish suffered due to reduction of life activities

Reduction of life activities, as a special ground for compensation for mental anguish, include all restrictions on life activities of the person sustaining loss which he realized or would realize in the future certainly by a regular course of things.

Under the restriction means and performing activities with increased efforts or under special conditions.

This type of damage is usually permanent, but money indemnity may be awarded when the reduction of life activities is temporarily, if it is with higher intensity and longer duration or if it is justified by special circumstances Continue reading Indemnity for damage for mental anguish suffered due to reduction of life activities

Money indemnity of certain forms of the non-material damage for suffering mental anguish

Non-material damage shall be charged in case of violation of an individual rights. It can be consisted in a monetary and non-monetary indemnity.

According to the provisions of Article 200 of the Law of contract and torts money indemnity for non-material damage is defined as a ’’equitable money indemnity’’.

Money indemnity for non-material damage is not intended to monetary reparation of something which a person sustaining loss lost (suffered physical and mental pain or fear) but that a person sustaining loss for awarded financial amount can obtain to himself the satisfaction (moral or material), which on the best way allow him to establish the disturbed mental balance. Continue reading Money indemnity of certain forms of the non-material damage for suffering mental anguish

Compulsory insurance against liability

Insurance against liability insurance is important for the policyholder, which has a policy for this type of insurance, as well as for the person who has suffered damage from the policyholder.

The importance, which the insurance against liability has for the policyholder, is that it provides security to the insured person.

The insurance company instead of the policyholder take on obligation to pay the injured party the amount of damage within the limits of the sum assured if the policyholder unintentionally and inadvertently causes damage to a third party.

On the other hand, insurance against liability, provides that a person who has suffered damage always may be fairly compensated.

Forasmuchas that the insurer take on obligation to himself, it avoids the chance that challenger of damage, due to poverty or other reasons, can not compensate for the damage Continue reading Compulsory insurance against liability